Knightscope regains full compliance with Nasdaq listing standards

Knightscope announced that the Company has regained full compliance with Nasdaq’s listing standards… On May 11 the Nasdaq staff notified the Company that its Class A common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, Nasdaq determined that for the last 10 consecutive business days, from July 11 to July 24 the closing bid price of the Company’s Class A common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5450a1. As announced last week, Knightscope also complied with Nasdaq Listing Rule 5450b2A with the Company’s market value of listed securities maintaining $50,000,000 or greater. Achieving both listing standards places Knightscope in good standing with Nasdaq and both